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Bosnian Airline back from brink

The national carrier of Bosnia and Herzegovina B&H Airlines was grounded last week for a 4.7 million US dollar debt owed to Austria’s Hypo Alpe Adria Bank. The airline began flying again on Wednesday 13th March after the bank unblocked the carrier’s accounts. This came after the Bosnia and and Herzegovina Federation’s Ministry for Transport and Communications provided government funds of $550,000 and promised to sell two ATR 72 aircraft. Most passengers were rerouted onto Croatia Airlines and Jat Airways during the grounding. In June last year, Turkish Airlines pulled out of a joint venture…

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